Asian markets rally, tech stocks lead regional gains

PSX Update • Aug 5, 2026

Asian technology stocks rallied on Wednesday, tracking a strong overnight advance on Wall Street as upbeat corporate earnings and falling oil prices lifted investor sentiment.

August 05, 2026 (MLN): Asian technology stocks rallied on Wednesday, tracking a strong overnight advance on Wall Street as upbeat corporate earnings and falling oil prices lifted investor sentiment. Japan led regional gains, with SoftBank Group soaring more than 10%. Chip-related shares also advanced sharply, as Advantest climbed 7%, Kioxia gained 6.34%, and Tokyo Electron rose 3.64%. South Korean technology stocks...